No Brainer Breakouts or How An Early Bird Catches A Worm

Will I win or will I lose by the end of November 2009?

  • Win

    Votes: 21 63.6%
  • Lose

    Votes: 12 36.4%

  • Total voters
    33
  • Poll closed .
And the longer the period price whipsaws within a range the bigger the reward. But another key component is to limit greed, therefore target is 20.5, not 100.5 :)
 
Quote from JSSPMK:

And the longer the period price whipsaws within a range the bigger the reward. But another key component is to limit greed, therefore target is 20.5, not 100.5 :)

How about doubling up at 20.5 and tightening the stop and go for maximum sushi?.
 
Quote from shikantaza:

How about doubling up at 20.5 and tightening the stop and go for maximum sushi?.

No way Jose. Remember amigo - no greed :)

This system ought to generate a daily average of 0.5% ROI, not per margin requirement, but actual trading capital x 190 trading sessions=~95% annual return. (I have used £2000 capital for this & margin is x 45 the stake.)
 
Quote from JSSPMK:

No way Jose. Remember amigo - no greed :)

This system ought to generate a daily average of 0.5% ROI, not per margin requirement, but actual trading capital x 190 trading sessions=~95% annual return. (I have used £2000 capital for this & margin is x 45 the stake.)

You really had 4 whipsaws already?.

What is the UK betting shop that lets you play so small?

The high of the after hours range on 11/2 for your paper trading/betting exercise was 1041.50 approx, not 1038.75, fwiw.
 
Quote from shikantaza:



...The high of the after hours range on 11/2 ...1041.50 approx, not 1038.75, fwiw.

Yes I am aware of that, I failed to state that I would be taking Hi/Lo from an initial AH range on a 30m chart, not all of it. I did say that 10.25 range was quite wide, so it would take more time to break out of.
 
Quote from JSSPMK:

Yes I am aware of that, I failed to state that I would be taking Hi/Lo from an initial AH range on a 30m chart, not all of it. I did say that 10.25 range was quite wide, so it would take more time to break out of.

OK. So, let's say that you take the range of the pre-Europe opening. I can also clearly see 4 whipsaws.

What about the name of the UK betting shop?

Here's some coffee to stay awake. Cheers:
 

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Quote from JSSPMK:

Google it :)

Please return my coffee.

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